Tag Archives: robin hood tax

As the world staggers at the ability of 194 nations of the world to agree that the planet is, after all, worth saving, and then agree to do something about it, the $100 BILLION per year to finance a Green Climate Fund immediately springs to mind. SHOW ME THE MONEY …… Here it is …….

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After 2020 the world will unite to stop global temperature reaching 2 degrees above pre-industrial levels. The world will reduce its global carbon emissions by 50% (average) to prevent 2 degrees warming. Many countries will have to reduce their emissions ‘drastically’ by over 90% to meet their individual “share” of the reductions.

The compliance with this “grand plan” depends on replacing the world STATIONARY energy infrastructure, ELECTRICAL ENERGY GENERATION MUST BECOME EMISSION FREE BY 2050. Australia has a plan prepared by Beyond Zero Emissions for a 10 year transfer of Australia’s energy sector which they estimate will cost $375 BILLION over 10 years. http://beyondzeroemissions.org/

A report issued by the U.N. (W.E.S.S. 2011), “costs” this ‘global transition’ at between $15-20 TRILLION to “rewire” the world with renewable energy. So where is the money coming from?

SUSAN GEORGE, HEAD OF THE “TRANSNATIONAL INSTITUTE” (TNI) here further details the necessity for a Tobin Tax, but ALSO STRESSES THE NEED TO SHUT DOWN TAX HAVENS which deprive global governments of over $100 BILLION p.a.

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Only a few weeks ago, the I.E.A. released its World Energy Outlook stating that cost to maintain and extend the existing and proposed fossil fuel demand would, by 2035, be $38 TRILLION.

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!0 Mw ocean based wind turbine. Prototype by ARUP.

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THIS RENEWABLE STRUCTURAL TRANSFORMATION HAS MUST BE FINISHED, FROM 2020 – 2050. AT THE SAME TIME, FOR MUCH OF THIS PERIOD, THE EXISTING ENERGY INFRASTRUCTURE WILL NEED TO RUN “ALONGSIDE” THIS TRANSFORMATION TO “BUILD IT.”

Hannah Stoddardt from OXFAM states below in a discussion with Chris Huhne, U.K. environment minister the possibility of a bunker fuel tax that would ‘compensate’ for the 6% of global emissions resulting from the SHIPPING INDUSTRY, at present NOT part of the KYOTO PROTOCOL. 10’s if not 100’s of BILLIONS of dollars are owed the planet from the 90,000 FREIGHTERS that deliver goods completely unregulated using the worst fuel possible – bunker fuel, 60,000 DEATHS REPORTED ON SHIPPING ROUTES FROM SULHUR DIOXIDE HELPED DESEASES.